A sum of Rs 10 is lent to be returned in 11 monthly installments of Re 1 each, interest being simple. The rate of interest is? with explaination.
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Answered by
0
10 % is your answer......
shubhamsushantp7a7nl:
explanation
well its wrong
the Interst is of 1 rupee.
21 9/11%
Answered by
1
10% is right answer. thnx
Rs. 10 + S.I. on Rs. 10 for 11 months
= Rs.11 + SI. on Re. 1 for (1 + 2 + 3 + 4 + ..... + 10) months
=> Rs.10 + S.I. on Re. 1 for 110 months
= Rs.11 + S.I on Re. 1 for 55 months
=> S.I. on Re. 1 for 55 months = Re.1.
rate = 100×12/ 1×55= 21 9/11℅
Read more on Brainly.in - https://brainly.in/question/1758073#readmore
= Rs.11 + SI. on Re. 1 for (1 + 2 + 3 + 4 + ..... + 10) months
=> Rs.10 + S.I. on Re. 1 for 110 months
= Rs.11 + S.I on Re. 1 for 55 months
=> S.I. on Re. 1 for 55 months = Re.1.
rate = 100×12/ 1×55= 21 9/11℅
Read more on Brainly.in - https://brainly.in/question/1758073#readmore
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